New facility will produce durable, high-precision components for
semiconductor and LCD manufacturing equipment

November 29, 2017 11:05 AM Eastern Daylight Time

KYOTO, Japan--(EON: Enhanced Online News)--Kyocera Corporation (NYSE:KYO)(TOKYO:6971) held a groundbreaking
ceremony last week for a manufacturing plant expansion in Kirishima
City, Kagoshima, Japan, where it plans to double its production capacity
for fine ceramic structural components.

The expansion, scheduled for completion in October 2018, will bring a
new building with 29,232 square meters (about 314,650 square feet) of
additional space. The new plant will produce fine ceramic structural
components used mainly by companies that manufacture semiconductors or
liquid-crystal displays (LCDs).

Kyocera anticipates rising demand for semiconductors and LCDs as
Internet of Things (IoT) and artificial intelligence (AI) applications
boost demand for high-speed, high-volume data processing. The shift from
hard-disk data storage to semiconductor memory and solid-state drives
has increased demand for semiconductor processing equipment.
Additionally, the proliferation of high-definition (HD) display
technology in TVs and smartphones has increased demand for the equipment
used to manufacture flat-panel displays. Kyocera’s new plant will
produce components used in key manufacturing processes for these and
other high-precision products.

Kyocera’s investment will contribute to Kagoshima’s local economy and
create employment opportunities. The groundbreaking reflects a
construction agreement executed in October between Kyocera and the city
of Kirishima.

Kyocera
Corporation (NYSE:KYO; TOKYO:6971; http://global.kyocera.com/),
the parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of fine
ceramics (also known as “advanced ceramics”). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of industrial and
automotive components, electronic devices, semiconductor packages, solar
power generating systems, printers, copiers, and mobile phones. During
the year ended March 31, 2017, the company’s consolidated net sales
totaled 1.42 trillion yen (approx. USD 12.7 billion). Kyocera appears on
the “Top 100 Global Innovators” list by Clarivate Analytics and is
ranked #522 on Forbes magazine’s 2017 “Global 2000” listing of the
world’s largest publicly traded companies.

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